Despite the growth of quotations of oil producers of the Middle East went to the decrease in export polyethylene prices in June for the markets of the CIS countries. Cheaper all kinds of polyethylene, according to a price review ICIS-MRC.

Earlier this month, kicked off negotiations on June shipments Middle East polyethylene in the CIS markets. Buyers in the Middle East polyethylene ascertain serious decline in prices, despite the rise in oil prices. Cheaper all kinds of polyethylene, the most serious decline in prices was noted in the linear polyethylene (LDL).

Transactions regarding the June shipments of high-density polyethylene (HDPE) is to USD1 165-1 240 range per tonne, CIF Odessa and Novorossiysk, or USD1 170-1 240 per tonne, CFR Saint-Petersburg, then as a transaction with respect to May shipment were concluded at USD50- 60 per tonne more expensive.

Transactions with respect to the pipe HDPE PE100 class consisted of a range of USD1 380-1 420 per tonne, CIF Odessa, that on average USD20 per ton below the price level in May.

Transactions regarding the supply of Middle East C4 consisted of LDL in the range of EUR1 145-1 195 per tonne, FCA (for deliveries from Poland) and USD1 200-1 220 per tonne, CFR Astrakhan that USD60-80 per ton below the price level in May.